Tuesday, June 21, 2016

Trump taking
hit in the media over his May fundraising and FEC report of cash on hand. It’s
time these guys came through with dough they reportedly said they would give to
fund general election campaign.

Steven Hoffenberg filed a Federal Election
Commission report Tuesday stating his super PAC intends to coordinate a $50
million marketing campaign in support of Donald Trump.

It's the first time the chairman of
TowerInvestors.com and former New York Post owner has explained why he founded
the Get Our Jobs Back Inc. PAC in April.
It's the first time the chairman of TowerInvestors.com and former New York Post owner has explained why he founded the Get Our Jobs Back Inc. PAC in April.
The FEC filings indicate the Statware Inc. company plan to make a donation of $50 million in services ranging from "digital media marketing" to "revenue sharing," according to Politico.
It's pennies in the bucket for Hoffenberg, who in late May predicted his PAC would raise $1 billion dollars for Trump

The casino magnateSheldon G. AdelsontoldDonald J. Trumpin a private meeting last week that he was willing to
contribute more to help elect him than he has to any previous campaign, a sum
that could exceed $100 million, according to two Republicans with direct
knowledge of Mr. Adelson’s commitment.

As significant, Mr. Adelson, a billionaire based in Las Vegas,
has decided that he will significantly scale back his giving to congressional
Republicans and direct most of his contributions to groups dedicated to Mr.
Trump’s campaign. The two Republicans familiar with Mr. Adelson’s plans spoke
anonymously because they were not authorized to discuss the matter publicly.

Mr. Adelson’s pledge to Mr.
Trump, the presumptive Republican presidential nominee, comes at an opportune
time. Mr. Trump has relied on a mix of his own wealth and small-dollar
contributions to finance his primary effort and lacks the sort of major donor
network needed to sustain him in the general election. Mr. Trump has said that
he may need $1 billion for the campaign but has only recently begun scheduling
fund-raisers and hiring finance staff members. Many of the Republican Party’s
wealthiest contributors, including the billionaire brothers Charles G. and
David H. Koch, have indicated they are unlikely to give to his candidacy.

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